“Now, some people think that the staying wasn’t strong enough, and the
sides caved in on that account; others, again, talk about Kidd’s ghost
baffling these diggers; but, from what was discovered afterwards, I feel
perfectly sure that they themselves somehow let in the water of the sea
into the hole by a drain or channel underground that Kidd himself had
made. I think those knocks on the chest with the crowbar loosened some
stopper, and the water poured in at once. It was this rush of sea water
that destroyed everything, and made the hole cave in altogether. As to
the drain, that was a contrivance of Kidd’s to prevent the treasure from
being dug up by outsiders. He had it made underground from the shore
of the island at low-water mark to the bottom of the money-hole. He
himself, or any one in the secret, would know how to dig and get the
treasure; but any one who didn’t know the secret would be sure to do
something that would let in the sea water. And that’s just what these
first diggers did.
“Well, after this nothing was done for a long time. These two, father
and son, went home, and for a while they kept the whole business a
secret; but after some years the old man died, and the son married,
and so the whole story leaked out, till everybody knew all about it.
Everybody went then to see the place, and the story soon got to be as
well known as the alphabet all over the bay; and I won’t swear but that
some additions were made to the story as it passed from mouth to mouth,
for that would only be natural, after all; but at any rate, that story
lived, and people didn’t forget the treasure on Oak Island. And so time
passed, and the son died at last, and the grandson grew up, and this one
thought that he would make a dash at the treasure. This was as much as
forty years after the first digging. He went with a few friends, and
they tried to dig, but couldn’t. The money-hole remained as it had been
left by the first diggers,--all sand, and gravel, and water,--more like
a quicksand than anything else. They put a pump in it, and set it to
work, but couldn’t do anything that way. So they gave it up.